In this episode we’re joined by Rachel Harris, co-founder of striveX & founder of Accountant She. Passionate about financial well-being and running values-led businesses, Rachel has created a modern, cloud‑focused accountancy and tax advisory firm for both businesses and individuals alongside a platform for business owners to find accessible, consumable, financial education.
Stay tuned to hear Rachel’s advice on the highs and lows of running a business. Why loneliness is something that you should not ignore, what you should ask an accountant when you are vetting your first one, how they can become your business partner, how to manage people within the business, and so much more.
Rachel’s advice:
- Initially decide how much you want to delegate
- Then employ people more intelligent than you, and delegate to them
- When you choose an accountant, choose them according to your plans/expectations for your business; it helps if they can mirror your long-term goals
- Establish your communications preferences at the outset
- Because your accountant will be effectively your partner, research their core values and the infrastructure of their business first
- Check whether or not they outsource work
- Assess their values before you assess their technical competence
- Rachel believes in the value of therapy
- She also believes in regular measuring of KPIs
- A very worthwhile benefits package will attract good employees if they are prepared to work hard for it
- Establish systems and processes to free you up
- Don’t underestimate the personal sacrifice and loneliness that being a founder can bring
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Recorded, edited & published by Juliet Fallowfield, 2024 MD & Founder of PR & Communications consultancy for startups Fallow, Field & Mason. Email us at hello@fallowfieldmason.com or DM us on instagram @fallowfieldmason.
FF&M recommends:
MUSIC CREDIT Funk Game Loop by Kevin MacLeod. Link & Licence
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